Recent content by alexmarian

Working consistently and with patience on my new strategy for 1 year is my new goal. 2 months are passed and so far I am sticking to the plan and results have started to come nice.

Well 100% profit in 1 trade is insane and there are 100% chances that the account will be blown in matter of minutes. Handling losses is very difficult and if anyone aim for 100% profit then he will leave forex very soon.

The simple reason is the loss factor in no time. Normally the new comer will join forex with enthusiasm but once they feel sudden and big loss they start feeling the fear of losing money in quick time.

There are so many traders want to swim on forex business arena, because only need sitting in front of computer you can make money through forex trading, but sometimes the dream is not like as on reality. First failure will become the next lesson for beginner, if they give up and leave business...

When it comes to wait for large number of pips, there are many traders that will not find themselves suitable for this type of trading. There will be many mistakes during trade holding and eventually result in losses.

I personally experience never to be so happy on big wins because they are timely until you not get consistency in profits . For me success on regular basis matters than of its size. I know if I got high profit by chance it is not just due to my skill. I will remain happy with small victories...

Trading practice like gambling should be avoided. It is not good to take trading easy or granted that you will do trading without any analysis and experience. Do your best to find out possible outcomes, there must be a plan about your trading sessions.

Reversal zone is not a surety that price will go back and you have to add some confirmation parameters before entering the reversal trade. It is better to trade with trend and there are multiple chances that you will get some pips even if you catch the trend late.

That needs regular monitoring of your trades and works good if you are trading the daily time frames. For a day trader or scalper, trailing stop is the best thing who have to manage many trades.

News trading is pure luck mate. If you really want to apply a valid method then start trading the trend. Do it for some months regularly because if you will keep changing methods, you cannot find a valid method.

Blown few accounts but those were small like $50 or $100 but the big blown up of my forex career was $3000 account. That was the real heart breaking one.

Bitcoin is looking for bottom that is more likely around $3000 mark and we will have new year coming, so I think it will start rising new year.

The website mentioned by thread creator looks suspicious by their names. It is always advised to start with reputed firm and don't fall in trap of high bonuses given by such non regulated companies.

Not heard of it but I suggest you to have few options instead of going for one option.

This thinking should be condemned about forex trading that It is easy as most of the people expect from it. If you are aiming high earning with low skills, then forex is not right for you. Forex will give you rewards only when you practice regularly with a strategy and money management.